Question: Please answer both the questions. Week 9 Question 4 (10 marks) Non-controlling interest (NCI) is the ownership interest of those shareholders who hold shares in

Please answer both the questions.

Week 9 Question 4 (10 marks) Non-controlling interest (NCI) is the ownership interest of those shareholders who hold shares in a subsidiary that are not owned by the immediate parent or the other group members. Discuss the implication of reporting NCI as a separate item of owner's equity. Week 10 Question 5 (10 marks) Compare and contrast the two (2) different consolidation processes of serial and single consolidation techniques when indirect ownership interests exist. Week 9 Question 4 (10 marks) Non-controlling interest (NCI) is the ownership interest of those shareholders who hold shares in a subsidiary that are not owned by the immediate parent or the other group members. Discuss the implication of reporting NCI as a separate item of owner's equity. Week 10 Question 5 (10 marks) Compare and contrast the two (2) different consolidation processes of serial and single consolidation techniques when indirect ownership interests exist

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